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Class A Flex Space

Innovation Ln Fort Myers, FL 33913

Innovation Ln, Fort Myers, FL, 33913
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Modern flex space in a prime Fort Myers location.

Property Size41,888 SF
Price / SF$325
AddedNov 10, 2024
Days on Market612
Last RefreshMay 12 at 11:35 pm

Property Features for Innovation Ln

General Information

Standard status
Active
Size
41,888 SF
Property subtype
Industrial, Special Purpose

Building Details

Year Built
2025

Listing office Bartley Realty

Listing date Nov 10, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Bartley Realty


Investment Insights

Based on property information with market context.

Innovation at ITEC III presents a Class A flex space development designed to elevate corporate presence in Fort Myers. The property is strategically located just 1.7 miles east of I-75 on Alico Rd, providing convenient access for employees, clients, and distribution. Units range from 1,760 to 41,888 square feet, adaptable to accommodate expanding business needs. The spaces feature fully air-conditioned environments, advanced fire protection systems, energy-saving LED lighting, convenient roll-up doors, high ceilings with mezzanine potential, and reliable, high-capacity power to support demanding business operations. Flexible financing options are available to own a corporate headquarters in a prime Fort Myers location. This property is intended for use as a corporate headquarters and offers potential for business expansion.

Key Highlights

  • Prime Fort Myers location: Just 1.7 miles east of I‑75 on Alico Rd for easy access.
  • Flexible spaces: Units range from 1,760 to 41,888 square feet, adaptable to various business needs.
  • Ownership opportunities: Benefit from flexible financing options to own your corporate headquarters.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $754.0k $18.00
− Vacancy −$49.0k −$1.17
EGI $705.0k $16.83
− OpEx −$246.7k −$5.89
NOI $458.2k $10.94
41,888 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$6.55M
$5.73M – $7.64M (±1% cap)
NOI $458,234 @ 7.0% cap · market cap 3.37%
Second Best
Warehouse
$6.10M
$5.34M – $7.12M (±1% cap)
NOI $427,087 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$13.18M
$11.54M – $15.38M (±1% cap)
NOI $922,876 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

FAQs

What type of property is this?
Flex space - Modern flex space in a prime Fort Myers location.
Where is this flex space located?
The property is located at Innovation Ln Fort Myers, FL.
What is the asking price?
The asking price for this property is $13,613,600.
What are key features of this property?
This property features: Prime Fort Myers location: Just 1.7 miles east of I‑75 on Alico Rd for easy access.; Flexible spaces: Units range from 1,760 to 41,888 square feet, adaptable to various business needs.; Ownership opportunities: Benefit from flexible financing options to own your corporate headquarters.
Contact an agent
(239) 784-3283 Call to check price and availability
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